CBS Corporation Company Profile (NYSE:CBS)

About CBS Corporation

CBS Corporation logoCBS Corporation is a mass media company. The Company's segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. Its Entertainment segment is composed of the CBS Television Network; CBS Television Studios; CBS Global Distribution Group (composed of CBS Studios International and CBS Television Distribution); CBS Interactive, and CBS Films. The Company's Cable Networks segment is composed of Showtime Networks; CBS Sports Network, and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints, such as Simon & Schuster, Pocket Books, Scribner, Gallery Books, Touchstone and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, its approximately 30 owned broadcast television stations, and CBS Radio, through which it owns and operates radio stations in the United States markets. It operates businesses, which span the media and entertainment industries.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Entertainment - Diversified
  • Sub-Industry: Broadcasting
  • Exchange: NYSE
  • Symbol: CBS
  • CUSIP: 12485720
Key Metrics:
  • Previous Close: $65.42
  • 50 Day Moving Average: $63.91
  • 200 Day Moving Average: $57.75
  • 52-Week Range: $424,000,000.00 - $43.54
  • Trailing P/E Ratio: 23.38
  • Foreward P/E Ratio: 12.83
  • P/E Growth: 0.92
  • Market Cap: $27.85B
  • Outstanding Shares: 424,000,000
  • Beta: 1.66
  • Net Margins: 11.32%
  • Return on Equity: 33.06%
  • Return on Assets: 7.64%
  • Debt-to-Equity Ratio: 1.66%
  • Current Ratio: 1.76%
  • Quick Ratio: 1.29%
Additional Links:
Companies Related to CBS Corporation:

Analyst Ratings

Consensus Ratings for CBS Corporation (NYSE:CBS) (?)
Ratings Breakdown: 5 Hold Ratings, 26 Buy Ratings
Consensus Rating:Buy (Score: 2.84)
Consensus Price Target: $69.03 (5.09% upside)

Analysts' Ratings History for CBS Corporation (NYSE:CBS)
DateFirmActionRatingPrice TargetDetails
2/18/2017Barclays PLCSet Price TargetHold$56.00View Rating Details
2/16/2017GuggenheimReiterated RatingBuyView Rating Details
2/16/2017RBC Capital MarketsBoost Price TargetOutperform$70.00 -> $78.00View Rating Details
2/16/2017Pivotal ResearchReiterated RatingHoldView Rating Details
2/16/2017Royal Bank Of CanadaBoost Price TargetOutperform$70.00 -> $78.00View Rating Details
2/16/2017Needham & Company LLCReiterated RatingBuy$72.00View Rating Details
2/16/2017BMO Capital MarketsReiterated RatingBuy$73.00View Rating Details
2/13/2017InstinetBoost Price Target$70.00View Rating Details
2/6/2017WedbushReiterated RatingOutperform$77.00View Rating Details
2/6/2017Atlantic SecuritiesUpgradeNeutral -> Overweight$78.00View Rating Details
2/3/2017Jefferies Group LLCReiterated RatingBuy$65.00 -> $71.00View Rating Details
1/20/2017Credit Suisse GroupInitiated CoverageOutperform$75.00View Rating Details
1/13/2017Benchmark Co.Reiterated RatingBuy$67.00 -> $74.00View Rating Details
1/8/2017Loop CapitalReiterated RatingBuy$67.00 -> $77.00View Rating Details
1/6/2017Brean CapitalReiterated RatingBuy$75.00View Rating Details
12/19/2016WunderlichReiterated RatingBuy -> Positive$72.00View Rating Details
12/13/2016Telsey Advisory GroupBoost Price TargetMarket Perform$57.00 -> $66.00View Rating Details
12/8/2016J P Morgan Chase & CoReiterated RatingOverweight$69.00View Rating Details
11/4/2016Pacific CrestReiterated RatingHoldView Rating Details
11/2/2016Wells Fargo & CompanyReiterated RatingOutperform$65.00View Rating Details
10/4/2016ArgusReiterated RatingBuy$71.00View Rating Details
9/6/2016Drexel HamiltonInitiated CoverageBuy$65.00View Rating Details
7/29/2016Deutsche Bank AGBoost Price TargetBuy$65.00 -> $68.00View Rating Details
6/29/2016Morgan StanleyReiterated RatingOverweightView Rating Details
6/17/2016Sanford C. BernsteinReiterated RatingMarket PerformView Rating Details
5/5/2016Bank of America CorpReiterated RatingBuy$65.00View Rating Details
5/4/2016Piper Jaffray CompaniesReiterated RatingBuy$60.00 -> $65.00View Rating Details
5/4/2016FBR & CoReiterated RatingOutperform$66.00 -> $68.00View Rating Details
5/4/2016Topeka Capital MarketsBoost Price TargetBuy$64.00 -> $66.00View Rating Details
4/12/2016Moffett NathansonBoost Price Target$56.00View Rating Details
4/8/2016NomuraBoost Price TargetBuy$60.00 -> $66.00View Rating Details
3/31/2016Barrington ResearchReiterated RatingOutperform$61.00 -> $65.00View Rating Details
3/16/2016Stifel NicolausBoost Price TargetBuy$54.00 -> $60.00View Rating Details
2/18/2016Cowen and CompanyLower Price TargetOutperform$61.00 -> $59.00View Rating Details
9/26/2015MacquarieReiterated RatingBuy$55.00View Rating Details
7/10/2015Northland SecuritiesReiterated RatingBuy$83.00View Rating Details
3/20/2015Citigroup Inc.Reiterated RatingBuy$60.00 -> $72.00View Rating Details
(Data available from 2/20/2015 forward)


Earnings History for CBS Corporation (NYSE:CBS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/15/2017Q416$1.10$1.11$4.03 billion$3.52 billionViewListenView Earnings Details
11/3/2016Q316$0.98$1.05$3.26 million$3.40 millionViewListenView Earnings Details
7/28/2016Q216$0.86$0.93$3.21 billion$3.29 billionViewListenView Earnings Details
5/3/2016Q116$0.94$1.02$3.50 billion$3.85 billionViewListenView Earnings Details
2/11/2016Q415$0.92$0.92$15.77 billion$3.91 billionViewListenView Earnings Details
11/3/2015Q315$0.80$0.88$15.77 million$3.26 billionViewListenView Earnings Details
8/5/2015Q215$0.72$0.74$15.77 billion$3.20 billionViewListenView Earnings Details
5/7/2015Q115$0.75$0.78$3.57 billion$3.50 billionViewListenView Earnings Details
2/12/2015Q414$0.76$0.77$3.65 billion$3.68 billionViewListenView Earnings Details
11/5/2014Q314$0.72$0.74$3.32 billion$3.37 billionViewListenView Earnings Details
8/7/2014Q214$0.72$0.78$3.24 billion$3.19 billionViewListenView Earnings Details
5/8/2014Q114$0.75$0.78$4.04 million$3.86 millionViewListenView Earnings Details
2/12/2014Q413$0.76$0.78$3.52 billion$3.91 billionViewListenView Earnings Details
11/6/2013Q313$0.77$0.76$3.47 billion$3.30 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.72$0.76$3.52 billion$3.70 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.67$0.73$4.01 billion$4.04 billionViewListenView Earnings Details
2/14/2013Q4 2012$0.69$0.64$3.85 billion$3.70 billionViewListenView Earnings Details
11/7/2012Q312$0.61$0.65$3.49 billion$3.42 billionViewN/AView Earnings Details
8/2/2012$0.59$0.65ViewN/AView Earnings Details
5/1/2012$0.43$0.54ViewN/AView Earnings Details
2/15/2012$0.53$0.57ViewN/AView Earnings Details
11/3/2011$0.46$0.50ViewN/AView Earnings Details
8/2/2011$0.45$0.58ViewN/AView Earnings Details
5/3/2011$0.19$0.29ViewN/AView Earnings Details
2/16/2011$0.44$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for CBS Corporation (NYSE:CBS)
Current Year EPS Consensus Estimate: $4.41 EPS
Next Year EPS Consensus Estimate: $5.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.93$0.96$0.95
Q2 20165$0.83$0.95$0.87
Q3 20164$0.98$0.98$0.98
Q4 20164$0.97$1.10$1.07
Q1 20174$0.90$0.99$0.95
Q2 20174$0.90$1.05$0.98
Q3 20174$1.10$1.21$1.17
Q4 20174$1.19$1.39$1.27
Q1 20181$1.13$1.13$1.13
Q2 20181$1.06$1.06$1.06
Q3 20181$1.46$1.46$1.46
Q4 20181$1.52$1.52$1.52
(Data provided by Zacks Investment Research)


Current Dividend Information for CBS Corporation (NYSE:CBS)
Annual Dividend:$0.72
Dividend Yield:1.10%
Dividend Growth:9.50% (3 Year Average)
Payout Ratio:20.17% (Based on Trailing 12 Months of Earnings)
16.33% (Based on Current Year Consensus EPS Estimate)
14.06% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for CBS Corporation (NYSE:CBS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CBS Corporation (NYSE:CBS)
Insider Ownership Percentage: 1.67%
Institutional Ownership Percentage: 78.18%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/1/2016Joseph R IannielloCOOSell33,975$50.00$1,698,750.00View SEC Filing  
5/22/2015Joseph A CalifanoDirectorSell5,093$61.64$313,932.52View SEC Filing  
5/11/2015Angeline C StrakaEVPSell296$60.62$17,943.52View SEC Filing  
4/6/2015Leslie MoonvesCEOSell255,000$61.23$15,613,650.00View SEC Filing  
3/9/2015Joseph R IannielloCOOSell28,000$60.22$1,686,160.00View SEC Filing  
2/23/2015Joseph R IannielloCOOSell28,000$59.53$1,666,840.00View SEC Filing  
2/17/2015Anthony G AmbrosioEVPSell26,450$60.01$1,587,264.50View SEC Filing  
12/23/2014Bruce S GordonDirectorSell28,013$55.97$1,567,887.61View SEC Filing  
10/8/2014Leslie MoonvesCEOSell281,250$52.17$14,672,812.50View SEC Filing  
9/8/2014Leslie MoonvesCEOSell281,250$59.05$16,607,812.50View SEC Filing  
9/5/2014Leslie MoonvesCEOSell281,250$59.05$16,607,812.50View SEC Filing  
8/14/2014Leslie MoonvesCEOSell93,750$59.36$5,565,000.00View SEC Filing  
8/13/2014Leslie MoonvesCEOSell93,750$59.12$5,542,500.00View SEC Filing  
8/11/2014Anthony G AmbrosioEVPSell14,000$60.13$841,820.00View SEC Filing  
7/15/2014Gil D SchwartzEVPSell7,188$59.88$430,417.44View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for CBS Corporation (NYSE:CBS)
DateHeadline logoKey Takeaways From CBS' Q4 Earnings (NYSE:CBS) - February 19 at 11:27 AM
News IconLooking at the Tea Leaves for CBS Corporation (CBS) - The USA Commerce (NYSE:CBS) - February 18 at 10:11 AM logoNeedham & Company Reiterates Buy Rating and $72 PT on CBS Corp. (CBS) Following 4Q16 Report - (NYSE:CBS) - February 18 at 10:11 AM
News IconKey Takeaways From CBS’ Q4 Earnings (NYSE:CBS) - February 17 at 5:59 PM logo'Billions' creators flooded with calls from Wall Streeters (NYSE:CBS) - February 17 at 5:59 PM logoCBS Corp. :CBS-US: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (NYSE:CBS) - February 17 at 5:59 PM logoCBS CORP Files SEC form 10-K, Annual Report (NYSE:CBS) - February 17 at 5:59 PM
News IconCBS Corp's profit falls on pension settlement charge (NYSE:CBS) - February 16 at 9:18 PM logoCBS Corp. beats on fourth-quarter earnings (NYSE:CBS) - February 16 at 9:18 PM logoCBS reports quarterly loss following pension settlement (NYSE:CBS) - February 16 at 9:18 PM logoStocks to Watch: February 16, 2017 (NYSE:CBS) - February 16 at 9:18 PM logoStocks to Watch: February 16, 2017 (NYSE:CBS) - February 16 at 9:18 PM
News IconAnalysts bullish on CBS Corporation (NYSE: CBS) (NYSE:CBS) - February 16 at 4:16 PM
News IconCBS Reports Lower Revenues in Q4 (NYSE:CBS) - February 16 at 4:16 PM
News IconRoger Goodell, CBS Held Meeting On How To Improve NFL's Pace of Play (NYSE:CBS) - February 16 at 4:16 PM logoAnalyst Activity – Guggenheim Reiterates Buy on CBS Corporation (NYSE:CBS) (NYSE:CBS) - February 16 at 4:16 PM
News IconUPDATE 1-CBS Corp's profit falls on pension settlement charge (NYSE:CBS) - February 16 at 4:16 PM
News IconCBS Corp's quarterly profit falls 46.5 percent (NYSE:CBS) - February 16 at 4:16 PM logoCBS Corp's profit beats despite drop in advertising revenue (NYSE:CBS) - February 16 at 4:16 PM logoCBS Corp. (CBS) Misses Q4 Earnings & Revenue Estimates (NYSE:CBS) - February 16 at 4:16 PM logoCBS Corp. :CBS-US: Earnings Analysis: Q4, 2016 By the Numbers : February 16, 2017 (NYSE:CBS) - February 16 at 4:16 PM logoCorrection: Earns-CBS story (NYSE:CBS) - February 16 at 4:16 PM logoAnother Year of Lackluster Growth at CBS (NYSE:CBS) - February 16 at 4:16 PM logoArrow's Political Gun Violence Episode Was Uh, Something (NYSE:CBS) - February 16 at 4:16 PM logoRecord Run Comes to a Close as S&P 500, Nasdaq Decline; Dow Scores Small Gain (NYSE:CBS) - February 16 at 4:16 PM
News IconTraders Secrets on CBS Corporation (CBS), Franklin Resources, Inc ... - StockNewsJournal (NYSE:CBS) - February 16 at 9:01 AM logoCBS Corporation Reports 2016 Fourth Quarter And Full Year Results - Yahoo Finance (NYSE:CBS) - February 16 at 9:01 AM
News IconWhat are Analyst's Indicators for Spectra Energy Corp (SE), CBS Corporation (CBS) - The USA Commerce (NYSE:CBS) - February 15 at 3:28 AM
News IconImpact of Brokerage Rating on CBS Corporation(CBS) - Highland Mirror (NYSE:CBS) - February 15 at 3:28 AM
News IconEntercom Can Keep CBS Digital Portals—For Now. (NYSE:CBS) - February 14 at 9:57 PM
News Icon‘SNL’ keeps up Trump-inspired winning streak (NYSE:CBS) - February 14 at 9:57 PM
News IconWhat To Expect From CBS’s Q4 Earnings (NYSE:CBS) - February 14 at 4:55 PM
News IconA list of the top 20 prime-time programs in the Nielsen ratings for Feb. 6-12 (NYSE:CBS) - February 14 at 4:55 PM logoApple Offers First Look at Its TV Shows (NYSE:CBS) - February 14 at 4:55 PM logoCBS earnings: Media company is fully embracing streaming (NYSE:CBS) - February 14 at 4:55 PM logo'SNL' keeps up Trump-inspired winning streak (NYSE:CBS) - February 14 at 4:55 PM logoNielsen's top programs for Feb. 6-12 (NYSE:CBS) - February 14 at 4:55 PM
News IconLarge Outflow of Money Witnessed in CBS Corporation - Highland Mirror (NYSE:CBS) - February 14 at 2:49 AM logoGrammy ratings slightly lower than last year - Seeking Alpha (NYSE:CBS) - February 14 at 2:49 AM logoCBS Corporation (NYSE:CBS) Buys Stake in Kapital Entertainment as Advertisers Shift and Competition Heats Up - Library For Smart Investors (NYSE:CBS) - February 14 at 2:49 AM logoCBS Corp. (CBS) Q4 Earnings: Will the Stock Disappoint? - Nasdaq (NYSE:CBS) - February 14 at 2:49 AM
News IconJosh Elliott out at CBS after sign-off controversy (NYSE:CBS) - February 13 at 9:47 PM logoPreview of CBS Fourth Quarter Earnings (CBS) (NYSE:CBS) - February 13 at 9:47 PM logoAmazon Could Be Developing Its Own Pay TV Channel (NYSE:CBS) - February 13 at 9:47 PM logoRatings for 2017 Grammys on par with last year (NYSE:CBS) - February 13 at 4:45 PM
News IconJosh Elliott Leaves CBS News After Sign-Off Controversy (NYSE:CBS) - February 13 at 4:45 PM logoCBS Corp. (CBS) Q4 Earnings: Will the Stock Disappoint? (NYSE:CBS) - February 13 at 4:45 PM logoRatings for 2017 Grammys on par with last year (NYSE:CBS) - February 13 at 4:45 PM logoThe Revenue Trend Is Not CBS's Friend (NYSE:CBS) - February 13 at 4:45 PM logoAdele Isn't The Only Big Winner From The Grammy Awards (NYSE:CBS) - February 13 at 11:48 AM


What is CBS Corporation's stock symbol?

CBS Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBS."

How often does CBS Corporation pay dividends? What is the dividend yield for CBS Corporation?

CBS Corporation declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, March 10th will be paid a dividend of $0.18 per share on Saturday, April 1st. This represents a $0.72 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, March 8th.

Where is CBS Corporation's stock going? Where will CBS Corporation's stock price be in 2017?

31 equities research analysts have issued 1 year price objectives for CBS Corporation's stock. Their forecasts range from $56.00 to $78.00. On average, they anticipate CBS Corporation's stock price to reach $69.03 in the next year.

When will CBS Corporation announce their earnings?

CBS Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about CBS Corporation stock?

Here are some recent quotes from research analysts about CBS Corporation stock:

  • Instinet analysts commented, "We modestly lower our adj. 4Q16 EPS estimate to $1.09 from $1.11 to better reflect tough content licensing comparisons at Cable and lower Thursday Night Football (TNF) ratings the Entertainment segment." (2/13/2017)
  • Credit Suisse Group analysts commented, " We reinstate coverage of CBS after a period of restriction with an Outperform rating and an unchanged $75 target price. We trim 2017/18 EPS by 4%, to $4.49/$5.31, driven by slightly more conservative assumptions on advertising, but remain bullish on the company's long term growth trajectory and believe the valuation looks compelling after the recent pull-back." (1/20/2017)
  • According to Zacks Investment Research, "CBS Corp. has outperformed the Zacks categorized industry over the past one year. The company continued with its positive earnings surprise streak for the seventh-straight and also topped the revenue estimate for the fourth quarter in row, as it posted third-quarter 2016 results. The top line gained from rise in content licensing and distribution revenues and also due to surge in retransmission revenues. Management expects revenues to increase further with 21% of retransmission and 14% of reverse compensation set for renewal in 2017. CBS Corp.’s sustained focus on increasing subscription-based revenues bode well. Earlier, CBS highlighted that retransmission consent and reverse compensation are expected to exceed the $2-billion mark in 2020. The company is on track to hit $1 billion in 2016, a year earlier than anticipated previously. However, currency fluctuations and higher expenditure for original programming might be a drag." (1/19/2017)

Who owns CBS Corporation stock?

CBS Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock, Inc (6.00%), Fred Alger Management Inc. (0.75%), Bessemer Group Inc. (0.56%), Nicholas Co. Inc. WI (0.31%), Prudential PLC (0.28%) and Janus Capital Management LLC (0.19%). Company insiders that own CBS Corporation stock include Angeline C Straka, Joseph A Califano, Joseph R Ianniello and Leslie Moonves.

Who sold CBS Corporation stock? Who is selling CBS Corporation stock?

CBS Corporation's stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., O Shaughnessy Asset Management LLC, Marshall Wace LLP, Systematic Financial Management LP, Janus Capital Management LLC, Third Avenue Management LLC, Handelsbanken Fonder AB and Raiff Partners Inc..

Who bought CBS Corporation stock? Who is buying CBS Corporation stock?

CBS Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Teachers Retirement System of The State of Kentucky, Caldwell & Orkin Inc., Bessemer Group Inc., United Capital Financial Advisers LLC, Capital International Ltd. CA, Foresters Investment Management Company Inc. and Cigna Investments Inc. New.

How do I buy CBS Corporation stock?

Shares of CBS Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CBS Corporation stock cost?

One share of CBS Corporation stock can currently be purchased for approximately $65.69.

CBS Corporation (NYSE:CBS) Chart for Monday, February, 20, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for CBS Corporation (NYSE:CBS)

Earnings History Chart

Earnings by Quarter for CBS Corporation (NYSE:CBS)

Dividend History Chart

Dividend Payments by Quarter for CBS Corporation (NYSE:CBS)

Last Updated on 2/20/2017 by Staff